With the market regaining pace, the allure of penny cryptos is on the rise.
While market cap may be more important than price, tokens under $1 provide a psychological edge, making investors feel like they get more value for their money. This often leads to more volatility and explosive upswings.
With that in mind, let’s examine the five best penny cryptos to buy now.
Dogeverse
Our pick for the top penny crypto to buy now is Dogeverse. Priced at $0.00031, this project is currently in its presale phase, enabling investors to buy in before it launches on exchanges.
It has raised over $15 million, making it one of 2024’s hottest ICOs. Its rapid momentum is fueled by the project’s novel use case – being the first meme coin to launch on crypto’s six hottest smart contract-enabled blockchains.
By harnessing Wormhole and Portal Bridge’s cross-chain technology, Dogeverse is available on Ethereum, Solana, Base, BSC, Avalanche, and Polygon.
This unique approach to interoperability could create a unified community that bypasses crypto’s fragmented limitations.
Staking is another exciting feature of Dogeverse, and holders can currently get a 53% APY. However, this will decrease as more tokens are staked.
The Dogeverse presale will end soon, so those looking to buy should act quickly.
99Bitcoins Token
99Bitcoins is a prominent crypto media outlet with a news site dating back to 2013, along with a YouTube channel with 700K subscribers and an email list with 2.8 million email subscribers.
However, its team continues to expand and push boundaries, and its latest innovation, the 99Bitcoins token, is rapidly gaining notoriety.
99Bitcoins token is the native utility crypto that will power its new Learn-to-Earn layer, which rewards users for learning about cryptocurrency.
The Learn-to-Earn platform features modularized videos, courses, and quizzes. Users earn XP for completing them, which helps them rank on a leaderboard. The higher up they go, the more rewards they earn.
The caveat is that learners must hold the 99Bitcoins token, aligning its demand with the platform’s success. It also features utilities like a VIP community group, trading signals, and BRC20 tools and education.
$99BTC is undergoing a presale and has raised $1.4 million so far. The current price is $0.00106, but this will rise throughout the campaign, with the next uptick in five days.
Visit 99Bitcoins Token Presale
Sealana
Sealana is the latest rendition in the infamous Solana presale frenzy. Its predecessors, like Book of Meme and Slerf, posted massive gains after launching on exchanges, which provided outsized returns for early investors.
However, while Sealana follows the same presale blueprint as these projects, it introduces a new outlook, aiming to align more closely with degen meme coin culture.
The project’s backstory is that Sealana is a seal who trades meme coins from his mom’s basement, living off canned tuna and chips with hopes of making huge gains and buying a new Lambo.
Its rags-to-riches mentality is prevalent across the Solana meme coin ecosystem, so it is no surprise that the presale has raised over $2.2 million.
This eclipses Book of Meme’s total raise, which was $2 million, and BOME became the fastest cryptocurrency to a $1 billion market cap.
The Graph
The Graph is a DePIN project that provides indexed and decentralized data storage.
It is currently priced at $0.345, up 10.9% today, 27.6% this week, and 22% this month. It holds a $3.2 billion market cap and a $244 million 24-hour trading volume, up 145% today.
The Graph is crypto’s most proven and highest market cap data-focused project, providing investors with relatively stable exposure to the sector.
According to its website, The Graph offers 68-90% cost reductions compared to its legacy counterparts.
The project aims to be a mid-point between blockchains and applications, negating the need for previously relied-upon centralized services.
Over 70K projects are already on The Graph network and its hosted services, reflecting its deep foothold within the crypto industry. As such, its price will likely benefit as the crypto bull market advances.
Pepe
Throughout 2024, the meme coin sector has been crypto’s top-performing niche.
While there are many high-potential meme coins on the market, Pepe is proving the most promising large-cap project. This is reflected in leading analysts like Horse and Miles Deutscher both rallying behind it today.
Horse predicted that Pepe will outperform the market this week. He followed up on the tweet today, showing Pepe has led the recent crypto rally.
Meanwhile, Miles Deutscher dubbed Pepe one of this market cycle’s most attractive risk-to-reward plays, along with Dogwifhat.
Adding to the excitement, Pepe has just created a new ATH, breaking the $5 billion market cap level for the first time.
It is currently priced at $0.0000123, up 32% today, 14% this week, and 111% this month. It holds a $5.1 billion market cap and a $3.5 billion 24-hour trading volume, up 391%.
